Minneapolis Property Market and Real Estate Guide

(Minneapolis, Minnesota - MN, USA)

Often referred to as the 'City of Lakes', Minneapolis has a diverse mix of properties for rent and sale throughout the metropolitan area. Homes in the Downtown area tend to be compact and 'bijou', unless you have the money to splash out on a top-floor penthouse, and these are often used by business people working in the city center.

Further south from the city, the suburbs is where many families and retirees choose to house hunt. Whether just for a short-term let or long-term buy, there are many dwellings located here to suit a wide range of tastes.


A little extra money can go a long way in Minneapolis and there are homes with spectacular lake views in the west and southwest of the city. The northeast area of the city center is becoming increasingly popular with the hip modern crowd and there are a number of funky apartments and lofts for rent and sale here.

Renting Serviced Apartments

Downtown and South Minneapolis are the most popular places for renting apartments in both modern and older buildings. Furnishings are usually contemporary, as with many major US cities, and rent varies depending on your location.

The high-rise blocks often have security and concierge services, while the smaller storey units have basic services on-call and renters can expect to pay around double for a modern apartment, compared to a more basic offering in an older building.

Buying Apartments and Houses

A non-US citizen wishing to purchase property in America should have all documents thoroughly checked over by a legal expert. Real estate agents in the city will be able to offer in-depth advice on the process.

Among the checks that will be done are criminal checks and taxation reports. You will also require a tax number and this must be acquired before making a purchase.

Real Estate Agents

The Internet is a great tool for finding the best real estate agent. As well as being able to browse their portfolios, people can also check out reviews on the company's reputation. Other ways to find realtors includes scanning the local papers for a property section or looking through the classifieds for small independent firms.

Check out the following Minneapolis realtors and real estate agents:

Century 21 Luger Realty
Address: 4536 France Avenue South, Edina, Minneapolis, Minnesota MN, 55410, USA
Tel: +1 952 925 3901
Email: info@century21luger.com
Website: www.century21luger.com
Century 21 are located in the southwest of Minneapolis and have been growing their reputation since 1976. They specialise in sales and offer many open houses.

iMetro Property
Address: Edina, Minneapolis, Minnesota MN, 55439, USA
Tel: +1 612 656 1200
Email: info@imetroproperty.com
Website: www.imetroproperty.com
iMetro has been running successfully for over ten years and not only handles sales, but looks after property investments and can assist people looking for tenants.

Homes MSP
Address: 2605 Campus Drive, Plymouth, Minneapolis, Minnesota MN, 55441, USA
Tel: +1 763 541 6066
Email: shensrud@homesmsp.com
Website: www.homesmsp.com
Homes MSP are part of the larger Re/Max realtors. The team in the Minneapolis office are very experienced, ensuring customers receive a great service when buying and selling their homes.